Marqeta Inc (NASDAQ: MQ) is 0.26% higher on its value in year-to-date trading and has touched a low of $3.37 and a high of $6.01 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MQ stock was last observed hovering at around $3.85 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $3.80, the stock is -2.86% and -6.09% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.71 million and changing -1.30% at the moment leaves the stock -13.70% off its SMA200. MQ registered -30.91% loss for a year compared to 6-month loss of -32.98%.
The stock witnessed a -3.80% gain in the last 1 month and extending the period to 3 months gives it a 0.53%, and is -4.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.54% over the week and 4.92% over the month.
Marqeta Inc (MQ) has around 854 employees, a market worth around $1.79B and $507.00M in sales. Current P/E ratio is 80.68. Profit margin for the company is 5.38%. Distance from 52-week low is 12.76% and -36.72% from its 52-week high. The company has generated returns on investments over the last 12 months (2.51%).
The EPS is expected to shrink by -460.13% this year.
Marqeta Inc (MQ) Top Institutional Holders
The shares outstanding are 470.82M, and float is at 386.69M with Short Float at 2.67%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 45.64 million shares valued at $250.12 million. The investor’s holdings represent 8.8462% of the MQ Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 33.91 million shares valued at $185.82 million to account for 6.5721 of the shares outstanding. The other top investors are FMR LLC which holds 33.1 million shares representing 6.415% and valued at over $181.38 million, while VISA FOUNDATION holds 2.412 of the shares totaling 12.44 million with a market value of $68.2 million.
Marqeta Inc (MQ) Insider Activity
The most recent transaction is an insider sale by Cummings Martha, the company’s Director. SEC filings show that Cummings Martha sold 40,241 shares of the company’s common stock on Jun 25 ’24 at a price of $5.47 per share for a total of $0.22 million. Following the sale, the insider now owns 19000.0 shares.
